MARKET NEWS

EMF Weekly 39

2 years ago

TankerS

Another strong week in the tanker market. High activity levels, especially in the VLCC-segment. The rates are still stable at high levels all over. VLCC rates are stable, the same trend is seen in Suezmax, while Aframax spot rates take a push up 6% from last week levels.

$ 0 /day

Aframax ECO, 12 months TC

$ 0 /day

Aframax, Average spot

$ 0 /day

Suezmax ECO, 12 months TC

$ 0 /day

Suezmax, Average spot

Source: Clarksons Research

Dry Bulk

The Capesize segment had another positive week, with a significant increase in spot rates supported by an increase in iron ore exports from Brazil and Australia. The Panamax segment maintains the momentum from last week, where increased exports of grain in the Atlantic contribute to increased rates. Handy/supra segment rates have kept steady from last week levels.

$ 0 /day

Capesize, 12 months TC

$ 0 /day

Kamsarmax, 12 months TC

Source: Clarksons Research

car carrier

$ 0 /day

5000 CEU – 12 months TC

$ 0 /day

6500 CEU – 12 months  TC

Source: Clarksons Research

Tankers

Indicative TC (1 year)
Type Tons Week 38 Week 37 + /-
VLCC 300t. $ 47.500 $ 42.500 12 %
Suemax 180t. $ 38.000 $ 38.000 0 %
Aframax 120t. $ 37.500 $ 37.500 0 %
MR 80t. $ 32.500 $ 27.500 18 %
Indicative Values
Type Resale 5y 10y
VLCC 116.00 88.00 64.00 47.00
Suemax 82.00 62.00 45.00 28.00
Aframax 72.00 57.00 42.00 20.50
MR 56.50 44.00 30.00 17.00

Dry Bulk

Indicative TC (1 year)
Type Tons Week 38 Week 37 + /-
Capesize 180t. $ 17.250 $ 15.250 15 %
Panamax 76t. $ 15.250 $ 14.625 4 %
Supramax 55t. $ 14.750 $ 14.750 0 %
Handysize 30t. $ 15.500 $ 15.500 0 %
Indicative Values
Type Resale 5y 10y
Capesize 56.50 47.00 30.00 18.30
Panamax 37.00 31.00 22.30 15.50
Supramax 36.50 29.50 21.00 15.30
Handysize 30.00 26.00 18.00 11.00

Subscribe to our weekly market report

Choose your language below

European Maritime Finance A/S

Denmark

Kongens Nytorv 22,
1050 Copenhagen

+45 55 55 70 00
info@maritimefinance.dk

CVR 39635631

AIFM-licensed

European Maritime Finance A/S has an AIFM (Alternative Investment Fund Managers) licence and is regulated by the Danish Financial Supervisory Authority.

REG 23327

European Maritime Finance - Bran Identity - Logo

Cookies

By using this website and associated sub-domains, you consent to European Maritime Finance using cookies. This website does actively use cookies for tracking users.

Read our Privacy Policy here.